Raw Materials

Raw materials are the inventory needed for the production and manufacturing process to begin. In many business models, raw materials carry high capital costs in the form of spoilage, waste, and excess quantities. Managing the purchasing and consumption of raw materials in an efficient and effective manner is important. A manufacturing strategy either utilizes the push method, purchasing raw materials according to the forecasted customer demand, or the pull method, purchasing raw materials as customer demand requires. Each strategy requires balancing on-hand inventory, efficient consumption methods and effective sourcing controls.

BYTE's Raw Material Supply Chain Solution gives flexibility as well as management tools in order to lower raw material inventory costs. If sending raw materials and cut parts to contractors or internal plants, the Sourcing Automation Management (SAM) system automates the shipping procedures creating the paperwork associated for in-country and out-of-country transporting (NAFTA documentation), tracks perpetual inventory at the remote location, receiving the shipment at the destination facility and finally receiving the finished goods into the Distribution Center.

BYTE’s Purchase Raw Material (PRM) system creates efficiencies in advance ship notices, purchase order, receiver and inspections through wireless personal devices as well as through EDI and e-mail methods. Its flexibility allows for the purchasing and receiving of fabric, trim and supplies. When integrated with the Raw Material Inventory Control (RIC) system demand, on-hand inventory and minimum on-hand requirements can be analyzed and managed in a real-time manner, communicating powerful information to managers, enabling them to make better business decisions.

Byte’s Raw Material Solution enables our clients to:
•Receive an Advance Ship Notice scanning the incoming goods upon arrival.
•Integrate communications between purchasing and production planning.
•Utilize customized bar codes, case labels.
•Guarantee invoices to replicate the corresponding shipments.
•Utilize automatic currency conversions for international shipments.
•Report on standard vs. actual histories by fabric, style and cut for costing accuracy.
•Measure estimated costs vs. actual costs as well as estimated material consumption vs. actual material consumption.
•Utilize fail-safe roll matching.
•Generate time-phased inventory position based on current production schedules.
•Locate inventory and pick inventory quickly and accurately through using pull sheets and wireless scanning devices.